U.S. Global Investors to restate March quarter EPS
Key takeaways
- Global Investors to restate March quarter EPS U.S.
- The investment management firm reported that a component of shares was inadvertently omitted from a supporting spreadsheet used to calculate basic and diluted weighted average common shares.
- The company stated that the issue does not affect its reported net income, revenue, operating income, cash position or any other line item in its consolidated financial statements.
U.S. Global Investors to restate March quarter EPS U.S. Global Investors to restate March quarter EPS Proactive uses images sourced from Shutterstock Proactive Tue, June 2, 2026 at 7:28 PM GMT+7 2 min read GROW U.S. Global Investors (NASDAQ:GROW) announced that it plans to restate earnings per share (EPS) figures for the three-month and nine-month periods ended March 31, 2026, after identifying an error in the calculation of weighted average shares outstanding.
The investment management firm reported that a component of shares was inadvertently omitted from a supporting spreadsheet used to calculate basic and diluted weighted average common shares. As a result, weighted average shares outstanding were understated and basic and diluted EPS were overstated for the affected periods.
The company stated that the issue does not affect its reported net income, revenue, operating income, cash position or any other line item in its consolidated financial statements. Only the weighted average share counts and related per-share figures will be revised.